Empery Digital Sells 1,400 BTC for $87.1M, Shifts to AI Infrastructure

According to its July 10 disclosure, Empery Digital sold 1,400 Bitcoin for approximately $87.1 million since May 7, reducing its holdings by nearly half. The company, which launched its Bitcoin treasury strategy last July and once held over 4,000 BTC, used part of the proceeds to repay $10 million in debt on July 7. Remaining funds will support a $65 million commitment to an AI data center project and cover legal expenses tied to shareholder litigation.

As of July 10, Empery held 1,514 BTC and $73.9 million in cash. Prediction market data showed a 46% probability of Bitcoin touching $50,000 and 64% for $55,000, reflecting rising downside concerns amid capital reallocation toward AI infrastructure.